S&P 500 Rises on Ceasefire Extension and Tech Sector Momentum
The S&P 500 (^GSPC) rose in premarket trading following the extension of a ceasefire with Iran and positive sentiment in the tech sector. Google (GOOGL) introduced new AI features and improved TPUs, while Tesla (TSLA) is set to report earnings. Market optimism was also fueled by comments from economic advisor Mohamed El-Erian on potential Federal Reserve rate cuts.
Topics: AI stocks ceasefire Fed Chair nominee market sentiment S&P 500 Tesla earnings